of the regulations in dodd- frank financial reform. about a quarter of the law's new rules from s.e.c. remain incomplete. though critics say she wasn't forceful enough against wall street executives, president obama today praised her leadership. saying quote, "...the s.e.c. is stronger and our financial system is safer and better able to serve the american people-- thanks in large part to mary's hard work." >> reporter: the president's chice to replace shapiro, elisse walter would finish the 13 months left on the current term as chairman. walter served as interim chairman before shapiro took over. the administration has until next december to nominate a new chairman for a full term. sylvia hall, "n.b.r.," washington. >> susie: joining us now with more on the s.e.c., john coffee, securities law professor at columbia university. you know, jack, mary schapiro got lots of criticism for her years at the sec, whether you want to talk about lax supervision for the whole persony maddoff scandal, she gets criticized for it. as she leaves the sec what kind of shape is that agency in? >> well, i think i

are a key part of the health insurance reform law's efforts to expand the number of americans with coverage. we spoke with the head of the largest health insurer in florida, blue cross blue shield. patrick geraghty is the chairman and c.e.o. of florida blue. >> tom: pat, thank you for joining us tonight. will blue cross, blue shield participate if there is a health exchange in the state of florida? >> we absolutely will. we will position our company to be part of any distribution channel that is out there. >> tom: how has enrollment been? >> enrollment -- it's not in the exchange yet, but enrollment in our company, we're over83,000 new members this year, and we've got over 60,000 new members sold for 1/1/13. >> tom: how many of those new members have existing health insurance. how many are moving from uninsured to insured. >> almost all of those members have health insurance right now. we haven't seen the big movement from uninsured to insured happening yet. >> tom: in the past three years, florida has been number three in the united states, among states with the number of uninsured residen

to cut in red ink next year, 80% of it comes in the form of higher taxes. under current law, 20% comes from lowering government spending. this is just the first step as part of a $7 trillion effort to cut the debt over the next decade. that has led some to describe what could be coming as a fiscal slope, not a cliff. whatever geological description you prefer, it is on the map for every american. >> susie: a critical issue in this fiscal cliff debate: jobs. if the government cuts spending and rais taxes all at once on january 1, the economy will lose 2.5 million job sylvia hall reports. >> reporter: in this baltimore lab, dr. curt civin researches leukemia in search of a cure. it's hardly a political job, but these days he's keeping a close eye on the federal budget. you see, the sequester-- the severe spending cuts headed our way in january-- could affect him. if it takes affect, it will cut an estimated $2.5 billion from the national institutes of health. dr. civin and researchers like him depend on grants from the institutes for funding. >> it's tough enough to cure cancer. tough ba

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